Get started
PREMA - PSX- Technical Analysis - BUY CallOn Daily time frame, PREMA after making sharp gains has retraced to more than 60% becoming very attractive for Buyers. KVO has also started to change its direction upwards indication a shift of momentum coming up. On RSI, there is a Hidden Bullish Divergence in the making which indicates a very sharp up trend coming up. Therefore, buying immediately at market price will yield substantial gains in quick time. My Trade Values :- Buy (Mkt): 23.50 ~ 25.00 TP1: 38.50 TP2: 45.50
PSX:PREMA
by Golden_Spur
TOMCL taking off for 65% potential gains within next 3 monthsThe stock has recently made a divergence breaking 38.5 will trigger upside journey, however, keeping the SL at 31.7 , one can enter the trade with first TP of 45.6 which will be a gain of 18%. The second TP of the trade is Rs. 52.65 (total gain from entry point will be 36.7%), however, it will be confirmed once HH of 47.7 is break out If the HH is broken out, the final Target as per AB=CD pattern would be 61 which is around 58% upside from the entry price and ~65% if the trade is taken immediately with SL of 31.7
PSX:TOMCLLong
by Trader-Roze
CPHL - PSX - Technical AnalysisCiti Pharma is in bull run for almost past 9 months. On Monthly TF, Cup has been formed but Handle is yet to be made. See picture pasted on the chart. For that price must retrace a bit to Fib 0.23 to 0.38. In that case Entry will be at retrace and TP will be equal to depth of the cup. On the other hand if price does not retrace then entry should be sufficiently above the Daily Resistance level so that it then becomes its support level. RSI and KVO both are supporting the bull run continuation. Trade Values BUY-1: 53 BUY-2: 42 TP: 81 SL : 38 (HL)
PSX:CPHLLong
by Golden_Spur
BIFO having over 50% gain potentialThe stock can be accumulated at these levels with SL around 120. Its is being retraced and likely to test its Bullish pennant breakout level of 146.08 which will be over 50% retracement against the recent High, if retraced till 62%, the downside could be Rs. 138. So it should be accumulated between these levels. Safe side traders should enter the trade at its previous HH of 195 for the next expected level of 240+ Entry at these level with SL of 120 will make first TP of 200 with RR of 1:1 and for 1:2 TP2 would be around 240
PSX:BIFOLong
by Trader-Roze
GWLC - PSX - SWING Trading Technical Analysis - Harmonic PatternOn Monthly TF, two harmonic patterns have been drawn. Gartley (94% complying) and Butterfly (88% complying). In this bull run prices are moving way to fast. And due to market sentiments Bulls are in control. In normal bull run Gartley pattern will be complied before price drops but chances are that price will make new All Time High and follow Butterfly. RSI is around 80 without any sign of reversal; however, minor retracements are normal but overall price will stay in up trend. LONG Buy Trade Call Buy-1 : 50.78 Buy-2 : 61.00 SL: 39.00 TP1: 57 TP2: 78
PSX:GWLCLong
by Golden_Spur